Property Senior Underwriter

JR United Kingdom; Manchester; On-site; GBP 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter to join their dynamic team in Manchester. This role is pivotal in delivering underwriting decisions while actively contributing to business development and maintaining strong customer relationships. The ideal candidate will possess extensive experience in underwriting Property accounts, showcasing exceptional marketing, negotiation, and analytical skills. This innovative firm values collaboration and offers opportunities for professional growth, making it an exciting place for talented individuals to thrive. If you are passionate about the insurance industry and eager to make a significant impact, this position is for you.

Qualifications

• 5-10 years of underwriting experience in Property accounts.
• Strong marketing, negotiation, and presentation skills required.

Responsibilities

• Deliver underwriting decisions and contribute to business development activities.
• Provide guidance to junior staff and maintain effective control environment.

Skills

Marketing Skills

Negotiation Skills

Presentation Skills

Interpersonal Skills

Analytical Skills

Education

Professional Insurance Designation (ACII/FCII)

Job description

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Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

SENIOR UNDERWRITER

This role involves underwriting cases across the allocated geographical remit of the portfolio, following the agreed processes and within risk appetite to achieve business development and retention targets. You will spend the majority of your time delivering underwriting decisions, contributing to business development activities and liaising with customers. You will deal with customers, brokers, network partners and third parties, working with other colleagues and as part of a team.

Duties and Responsibilities:

• Reviewing allocated cases and delivering underwriting decisions, following agreed processes at the designated authority level, to secure profitable business within the agreed risk appetite.
• Be a referral point for junior staff members and contribute to peer review processes as required to support and enable the maintenance of an effective control environment.
• Providing advice and guidance to the production of new policy wordings or reviews of existing policy wordings to ensure policy documentation is current and accurate.
• Identifying, recommending and leading or contributing to the development and exploitation of marketing activities and product development initiatives to increase penetration of existing customers and/or expand the business mix.
• Travel within allocated geographical remit as required.
• Proactively identifying and pursuing up-selling (add-ons) and cross-selling opportunities to maximize profitable revenue potential from new and renewal business and achieve agreed business targets.
• Managing customer interactions in an efficient, courteous and timely manner in order to deliver high standards of customer satisfaction.
• Providing expert advice, guidance and coaching to less qualified and/or experienced colleagues to address technical referrals and raise standards and expertise across the technical community.
• Seek input from Actuarial Department to price specific accounts when appropriate.
• Liaise with Claims Department on any specific claims activity and overall market claims concerns which could potentially affect profitability.
• Stay current with respect to major industry issues and developments.
• Help maintain low levels of aged debt through accurate and clear record keeping, liaising regularly with the Accounts Receivable team to resolve queries promptly.
• Carry out regular and ad hoc reporting as required.
• Other duties as may be assigned.

Requirements:

• 5-10 years experience underwriting Property accounts in the Manchester and UK Regional markets.
• Strong marketing, negotiation and presentation skills.
• Excellent knowledge and understanding of standard market policy and endorsement wordings.
• Professional Insurance Designation such as ACII/FCII desirable.
• Organization skills and the ability to prioritize work.
• Excellent interpersonal skills, analytical skills and the ability to work within a team.